Spending habits and financial literacy based on gender on employees

The aim of the study was to investigate the financial behavior of employees regarding financial literacy and spending habits based on gender. The cluster sampling was used in this study and 60 employees consist of 30 male and 30 females were chosen and the analytical method used is different test of independent sample t-test for normally distributed data, while Mann-Whitney test for distributed data is not normal. The result showed that financial literacy behavior and spending habits between male and female employees were not different. Male and female employees had low level of financial literacy and they had tight spending habits the study also found that male and female employees did not have appropriate knowledge to manage their financial especially in managing investment and loan. This result in increasingly tight spending which caused they still have to deal with the monthly instalment payment in the long run.